EIB Working Paper 2021/04 - Aggregate productivity slowdown in Europe New evidence from corporate balance sheets

Using firm balance sheet data, this paper shows the impact of credit constraints on allocative efficiency and productivity growth. Allocative efficiency is the extent to which resources, including labour, are distributed to firms with the highest growth prospects, or "stuck" in less produc...

Deskribapen osoa

Gorde:
Xehetasun bibliografikoak
Egile nagusia: Wolski, Marcin (auth)
Beste egile batzuk: Maurin, Laurent (auth), European Investment Bank (Argitaratzailea)
Formatua: Baliabide elektronikoa Liburu kapitulua
Hizkuntza:ingelesa
Argitaratua: European Investment Bank 2021
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Sarrera elektronikoa:OAPEN Library: download the publication
OAPEN Library: description of the publication
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